Hello Dr, I am married for 24 years. Our was love cum arranged marriage. But within 3-4 months of our marriage we had leave my fathers house due some dispute between me and my father. We shifted to a rental home. We have 2 son who now grown up. Our family life was good. In the year 2019 I got a job in Kenya. I was working there on bachelors status. My family was staying back in mumbai and wife is also working. I visited my family very year for a month on holiday. In Dec'2024 I lost my job and came back to mumbai. I was jobless for 6 months. Since July I have started working in a small firm for survival. Physically We both are not active since 4 years. Now I feel like to reconnect with her physically and emotionally. But dont know she is a changed person. She doesnt have emotions for me. If I try to even touch her she gives me a scary look. Please tell me how should I handle this situation. I want her back in my life.

Ans: Prefer CSE @ PICT if possible. The final choice will be yours.

Good luck.
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Radheshyam

Ans: Yes, you're eligible for JEE Main 2026 and JoSAA if you pass Maths in 2026—declare Class 12 year as 2026 (year of completing PCM). Two certificates are accepted as improvement/additional subject. However, I suggest you have 3-4 more backup options by applying for Private Colleges' Engineering Exams apart from JEE. ALL the BEST for Your Prosperous Future!

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Ans: You are asking this question at the right time. At 37, you still have many earning years ahead. Taking responsibility for your wife and two young children while planning for a future house shows strong commitment towards your family.

Even though you have no savings today, your situation can improve with a structured approach.

» Understanding Your Present Financial Position

Your monthly income and commitments are:

– Monthly income: Rs 77k
– Loan EMI: Rs 32k (till Feb 2027)
– Family of four with two young children

Currently your loan EMI is consuming a large portion of income. So the first phase of planning should focus on stability and protection.

» Build Emergency Fund First

Before investing, you must create an emergency fund.

This fund protects your family if:

– Job loss happens
– Medical emergency occurs
– Unexpected expenses arise

Try to accumulate at least 6 months of expenses.

Start small.

– Save around Rs 5k to Rs 8k monthly
– Keep this in a liquid fund or safe savings instrument

Do not use this money for any other purpose.

» Protect Your Family with Insurance

Since you are the only earning member, protection is critical.

You should have:

– Pure term insurance of at least Rs 1 crore
– Family health insurance cover for wife and children

Without these protections, one unexpected event can destroy financial plans.

Insurance is the foundation of financial planning.

» Begin Investment Through SIP

Once the emergency fund starts building, begin systematic investment.

Mutual funds are suitable for long-term goals like children education and house construction.

Prefer actively managed diversified equity funds.

Benefits of actively managed funds:

– Professional fund managers select quality companies
– Portfolio changes based on market conditions
– Aim to generate returns higher than market average

Start with small SIP.

Even Rs 5k to Rs 10k per month is a good beginning.

Over time you can increase it.

» House Construction Goal After 7 Years

You already own the plot. That is a big advantage.

Construction cost after 7 years may be substantial.

So your strategy should be:

– Continue SIP in equity funds for growth
– Increase investment once EMI ends in Feb 2027

When your EMI of Rs 32k stops, that amount becomes your biggest opportunity.

If you redirect that EMI into investments:

– Wealth can grow much faster
– House construction fund can accumulate steadily

» Planning for Children Education

Your children are 6 and 4 years old.

Higher education will come after 10 to 15 years.

This long time horizon is perfect for equity mutual funds.

Start small SIPs now in diversified funds and gradually increase contributions every year.

The power of compounding will work strongly over this time.

» Keep Investments Simple

Avoid spreading money across too many instruments.

A simple structure works best:

– Emergency fund for safety
– Equity mutual funds for long-term goals
– Limited exposure to other assets

Simplicity helps you stay disciplined.

» Tax Awareness

When you redeem equity mutual funds:

– Long term capital gains above Rs 1.25 lakh taxed at 12.5%
– Short term gains taxed at 20%

Holding investments for longer periods reduces tax burden.

» Finally

Your financial journey should start step by step.

Focus on these priorities:

– Build emergency fund first
– Take term insurance and health insurance
– Start small SIP in actively managed equity funds
– After Feb 2027, redirect EMI amount into investments
– Gradually build corpus for house construction and children education

Consistency is more important than starting with big amounts.

If you remain disciplined, your financial situation can change significantly in the next 7 to 10 years.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

https://www.youtube.com/@HolisticInvestment

Ans: At this stage, your question is completely irrelevant. In the era of AI, you can get the required information in just a few seconds. I would like to suggest to you to focus solely on the syllabus and try to score as much as possible. Keep the target of 99+ %ile. With the required score, the doors of top colleges automatically open for you. Please contact us again with your valid score either in JEE or your state-level engineering entrance examination.

Good luck.
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Radheshyam

Ans: Hi,

Congratulations on your retirement. The mentioned amount (invested correctly) is more than sufficient to fund you forever with your mentioned expenses.
Total corpus - 2 crores. It will be parked in a mix of funds with different risks using bucket strategy to meet your expenses and marriage goal. You can get inflation adjusted amount monthly forever.
But do connect with an advisor to follow the right approach of investment. An advisor will design the required bucket and help you throughout your journey.

Avoid falling in trap of ULIPs or LICs or any policy that comes with a lock-in period.

Do connect with a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Your situation shows responsibility and awareness. At age 36, earning Rs.60,000 per month, maintaining savings of Rs.18.5 lakhs, and already investing through SIP shows good financial discipline. Also, your concern about job stability and your child’s health shows that you are thinking about your family’s long-term security. With a few structured steps, you can strengthen your financial safety and future stability.

» Your Current Financial Position

– Monthly in-hand income: around Rs.60,000
– Rent: Rs.10,000
– Household expenses: Rs.12,000
– SIP investment: Rs.10,000
– Savings in bank: Rs.18.5 lakhs

This means you are living within your income and also saving regularly. That is a very positive starting point.

However, because there are layoffs in the IT sector and you also have family responsibilities, the focus should be on safety, stability, and long-term growth.

» Build a Strong Emergency Fund First

Job uncertainty and your child’s health condition make an emergency reserve very important.

– Keep around 9 to 12 months of expenses as emergency fund
– Your monthly expenses are roughly Rs.22,000 to Rs.25,000
– So maintaining around Rs.3 to 4 lakhs as emergency reserve is sensible

This money should stay in safe and liquid options so that you can access it immediately during job loss or medical needs.

Do not invest this emergency money in risky assets.

» Health Protection for Your Family

Since your child already has health concerns, health insurance becomes very important.

– Take a good family health insurance plan that covers you, your spouse, and your child
– Choose a policy with adequate coverage because medical costs in cities like Bangalore are high
– If your company provides health insurance, do not depend only on that because it stops when you leave the job

Medical protection protects your savings from getting wiped out.

» Use Your Rs.18.5 Lakhs Carefully

You do not need to invest the full amount immediately.

A balanced approach works better.

– Keep around Rs.3 to 4 lakhs as emergency fund
– Keep some amount in safe instruments for short-term needs
– Gradually deploy the remaining money into diversified mutual funds through a systematic transfer approach

This helps you avoid investing a large amount at the wrong market timing.

» Continue and Slowly Increase SIP Investments

You are already investing Rs.10,000 per month in SIP. That is a very good habit.

Over time, you can improve it.

– Increase SIP whenever salary increases
– Focus on diversified equity mutual funds for long-term wealth creation
– Keep your investment horizon at least 10 to 15 years

Equity mutual funds help beat inflation and build long-term wealth for goals like your child’s education.

Actively managed funds are helpful because professional fund managers analyse companies, manage risks, and adjust portfolios based on market conditions. This active management helps investors during uncertain markets.

» Create Separate Goals for Your Child

Your child is only 3 years old. This gives you a long time horizon.

You can create separate investments for:

– Child education
– Child health security
– Long-term family wealth

Starting early helps you accumulate wealth gradually without putting pressure on your monthly budget.

» Improve Career Security

Financial planning is not only about investments. Income stability is equally important.

– Upgrade your skills within the IT industry
– Maintain a secondary emergency skill or certification
– Build professional connections in your industry

This increases your chances of faster recovery even if layoffs happen.

» Avoid Risky Decisions Now

Because your income is moderate and job stability is uncertain, avoid:

– High-risk stock trading
– Investing entire savings in one asset class
– Sudden large investments without planning
– Borrowing money to invest

Your focus should be stability and disciplined growth.

» Work With a Structured Financial Plan

A proper financial plan helps align:

– emergency planning
– insurance protection
– goal-based investments
– tax planning
– retirement planning

A Certified Financial Planner can help structure these elements together so that every rupee you save works toward your long-term financial security.

» Finally

You are already on the right track. Many people at age 36 do not have Rs.18.5 lakhs in savings or a disciplined SIP habit. Your awareness about risk, family needs, and future planning is a strong foundation.

With a balanced approach of emergency protection, proper insurance, disciplined mutual fund investing, and career stability, you can build a safe and strong financial future for your family and your child.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

https://www.linkedin.com/in/ramalingamcfp/

Ans: Srikanth Sir,

Thank you for your query. Here are my recommendations for your son's JEE preparation: (1) He can start early from Class 9 if coaching fees are affordable until Class 12 (2) If not feasible, he can join affordable online JEE classes until Class 10, then switch to regular coaching (integrated/weekday/weekend) for Classes 11-12 (3) Please make sure that he minimizes travel time to the extent possible by choosing nearby coaching centers (4) Even if continuing ICSE until Class 10, son must ensure thorough NCERT coverage from Class 9 onwards (5) Consider switching to CBSE by Class 11, as most engineering entrance exams align with CBSE-NCERT syllabus (6) I've shared detailed a lot of JEE strategies on RediffGURU platform and also on my YouTube channel (@EduJob360) – please review when convenient. I hope this addresses all your concerns. Best wishes for your son's preparation!

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Ans: Preference order: (1) VIT @ Vellore (2) MIT @ Manipal (3) KIIT (4) Sikkim Manipal. However, it is advisable to talk with students studying at the respective campuses. Choose the one closer to your hometown to reduce recurring expenses.

Good luck.
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Radheshyam

Ans: Hi
Yes, you are eligible.
For IAT 2026, candidates can apply if they: Passed Class 12 in 2024 or 2025, or Are appearing in 2026.
Year of passing Class XII:
Select 2024

Qualifying exam marks:
Enter the marks from your 2024 PCB marksheet

Mathematics status:
You can mention Mathematics not studied in original Class XII if the form asks subject-wise marks.
About the 2026 isolated Maths exam: It is not required during registration.
If you later receive the marksheet, you can upload it during document verification or counselling.
Even if a candidate’s result is pending, they are allowed to apply and submit documents later.

For the BSc (Research) program at the Indian Institute of Science, the eligibility requires:
Class 12 with Physics, Chemistry, and Mathematics as main subjects.
Therefore: If you only have PCB (no maths in 12th)
You cannot get IISc admission through IAT.